Coherent (COHR) Reports Q2 Earnings: What Key Metrics Have to Say

Coherent (COHR) reported $1.13 billion in revenue for the quarter ended December 2023, representing a year-over-year decline of 17.4%. EPS of $0.36 for the same period compares to $0.95 a year ago.The reported revenue represents a surprise of +1.13% over the Zacks Consensus Estimate of $1.12 billion. With the consensus EPS estimate being $0.23, the EPS surprise was +56.52%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine t ...